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    Exam 15: Oligopoly
  5. Question
    Game Theory Is Applicable to Oligopoly Behavior Because Oligopolists
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Game Theory Is Applicable to Oligopoly Behavior Because Oligopolists

Question 195

Question 195

Multiple Choice

Game theory is applicable to oligopoly behavior because oligopolists


A) use strategic behavior.
B) ignore rival firms.
C) are price takers.
D) can only be profitable if they collude.

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